What is the full form of Nhfdc?

What is the full form of Nhfdc?

National Handicapped Finance and Development Corporation (NHFDC) New Marketing Initiative.

What is disability scheme?

This scheme is to provide affordable Health Insurance to persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities. A scheme to encourage people with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities for pursuing educational/ vocational courses.

How do I apply for a handicapped loan?

SCAs – The state governments nominate the SCAs who will then extend the loans to the physically disabled people. Borrowers need to submit applications through the SCAs in the prescribed format to avail the loan. The SCAs sanction loans up to Rs. 10 lakh while for loans above Rs.

What is handicapped allowance?

Handicapped allowance is one of such financial help that physically disabled employees receive from their employers. The most important allowance under the handicapped allowance is transportation cost. People who are physically disabled such as blind or other body parts are provided travel allowances.

WHO Issues disability certificate?

CMO Office/Medical Authority assigns the concerned specialist(s) for assessment. Specialist Doctor assesses disability of PwD and gives opinion on disability. Medical Board reviews the case and assign disability percentage. CMO Office prepares Disability Certificate and generates UDID and Disability Certificate.

What is Nhfdc beneficiary?

‘NHFDC’ stands for National Handicapped Castes Finance & Development Corporation. It was set up by the Government of India under Ministry of Social Justice & Empowerment (MOSJ&E) on 24th January, 1997 under Section 25 of the Companies Act, 1956 as a company ‘not for profit’.

How does the government help the disabled?

Persons with disabilities are eligible for income tax deduction under Section 80U. Deduction of Rs. 50,000 is provided to those with disability in the range of 40 per cent to 80 per cent. 1,00,000 is provided to those with more than 80 per cent disability.

Is physically handicapped?

A physical disability is a limitation on a person’s physical functioning, mobility, dexterity or stamina. Other physical disabilities include impairments which limit other facets of daily living, such as respiratory disorders, blindness, epilepsy and sleep disorders.

How do I get a physically handicapped car?

Medical Certificate duly stamped & signed by CMO (Chief Medical Officer). Affidavit required from the customer that he is physically challenged. Driving License of customer. Certificate from M/o heavy industries mentioning that buyer is entitled for buying such car, on that basis excise dept.

What kind of Business can I get from NHFDC?

NHFDC provides loan for various business related activities that include purchase of commercial vehicles, agriculture activities, industrial purposes, and for professional and technical higher education. Interest Rates offered under NHFDC – Self-employment Scheme

How does an NGO get a loan from NHFDC?

The loan application under the scheme will be submitted to National Handicapped Finance and Development Corporation directly by the NGO. However, the NGO should get a resolution passed by its managing committee/board of trustee to this effect. Proof of this should be submitted along with the application.

How does NHFDC help persons with disabilities?

NHFDC functions as an Apex institution for channelising the funds to persons with disabilities through the State Channelising Agencies (SCAs) nominated by the State Government (s) . Divyangjan Swavalamban Yojana Scheme is to assist the needy disabled persons by providing concessional loan for economic and overall empowerment.

When do term loans from NHFDC have to be repaid?

Term loans drawn from NHFDC will be required to be repaid within a period of 36 months in quarterly installments. The interest shall be repayable to NHFDC on 30th June. 30th September, 31st December and 31st March every year or on such other dates as agreed to by NHFDC.